Here is the rundown on market activity for GrubHub Inc. Common Stock (NYSE:GRUB). Stanley Chia, Sr VP disclosed the sale of 5,838 shares. The shares were purchased at an average price of $38.81. The Sr VP now owns $0 of the stock per the Form 4 SEC filing. Brian P. Mcandrews, Director let go of $2,944,240 worth of shares at a price of $38.74 on August 5th. Mcandrews now owns $0 of stock as reported to the SEC.
David Fisher, Director sold $390,200 worth of shares at an average price of $39.02 on Fri the 5th. That brings Fisher’s holdings to $0 as recorded in a recent Form 4 SEC filing.
Here are a few additional firms who have increased or decreased their stake in (GRUB). Macquarie Group Ltd downsized its stake by selling 47,544 shares a decrease of 11.6% in the quarter. Macquarie Group Ltd now controls 362,688 shares valued at $11,269,000. The total value of its holdings increased 9.3%. Royal Bank Of Canada reduced its investment by shedding 610 shares a decrease of 87.1% as of 06/30/2016. Royal Bank Of Canada now holds 90 shares worth $3,000. The value of the position overall is down by 83.3%.
As of the end of the quarter Ifp Advisors, Inc had disposed of a total of 6 shares trimming its position 18.2%. The value of the company’s investment in GrubHub Inc. Common Stock went from $1,000 to $1,000 a change of 0.0% quarter over quarter. As of quarter end Schwab Charles Investment Management Inc had bought 28,945 shares growing its holdings by 11.4%. The value of the investment in GrubHub Inc. Common Stock increased from $6,144,000 to $8,787,000 a change of $2,643,000 since the last quarter.
Jefferies began coverage of the stock with a rating of “Hold”. On July 29 the company was set at “Neutral” according to a Monness Crespi Hardt report which was a cut from the previous “Buy” rating.
On July 29, 2016 the stock rating was rated “Neutral” by Bank of America which is down from the previous “Buy” rating. On July 29 the company was changed to a “Neutral” in a report from Maxim Group down from the previous “Buy” rating.
On July 8 analysts at Wedbush initiated coverage on the stock with an initial rating of “Outperform”. On June 6 the company was set at “Buy” according to a Monness Crespi Hardt report a boost from the previous “Neutral” rating.
The company is now up by 3.74 percent from yesterday’s close. Shares are trading at $43.77 which is marginally over $40.05, the stock’s 50 day moving average and which is just a bit higher than the 200 day moving average of $30.74. The 50 day moving average was up $3.72 and the 200 day average went up $13.03 or +42.40%.
The P/E ratio is currently 91.19 and the market value is 3.73B. As of the latest earnings report the EPS was $0.48 and is projected to be $0.84 for the current year with 85,210,000 shares now outstanding. Next quarter’s EPS is forecasted to be $0.23 and the next full year EPS is projected to be $1.10.